HLG - Hallenstein Glasson

[Muse]

https://www.nzx.com/announcements/411688

Resignation of Group Chief Executive Officer
The Company advises the resignation of Group CEO Stuart Duncan, effective 17th November 2023.
Chairman of Directors Warren Bell said that the Company acknowledges the contribution Stuart has made to the Group and in particular his stewardship over the very challenging period dealing with the impact of Covid. Mr Duncan takes up a new role in late November and we wish him success in his new endeavors.
The Board will commence a search for a replacement.

Warren Bell
Chairman

Wonder where the grass is greener

Farmers.....

[nztx]

A nice small tight share register .. a sniff in by any of the large funds could seriously pop the SP lid off the HLG jar IMO

[Sideshow Bob]

https://www.nzx.com/announcements/426618

Trading Update and Profit Forecast
The Company advises that unaudited total Group sales for the six-month period ended 1 February 2024 were $223.0 million, compared to $223.3 million in the prior corresponding period.
Group unaudited net profit after tax (NPAT) is projected to be in the range of $21.0 million to $21.5 million, an increase of approximately 2% over the prior year ($20.8 million).
The balance sheet for the Group remains strong and stock levels continue to be well controlled contributing to improved gross margin for the half.
A full announcement with six months financial statements including dividend declaration will be released to the market on 28 March 2024.
Chris Kinraid
Group CEO

[850man]

https://www.nzx.com/announcements/426618

Trading Update and Profit Forecast
The Company advises that unaudited total Group sales for the six-month period ended 1 February 2024 were $223.0 million, compared to $223.3 million in the prior corresponding period.
Group unaudited net profit after tax (NPAT) is projected to be in the range of $21.0 million to $21.5 million, an increase of approximately 2% over the prior year ($20.8 million).
The balance sheet for the Group remains strong and stock levels continue to be well controlled contributing to improved gross margin for the half.
A full announcement with six months financial statements including dividend declaration will be released to the market on 28 March 2024.
Chris Kinraid
Group CEO

Basically landing it where they said they would.

[Rawz]

Great result in current climate!

[winner69]

Amazing update from HLG

Sales about the same as pcp and profit up

I should not have thought the worst

[see weed]

Amazing update from HLG

Sales about the same as pcp and profit up

I should not have thought the worst

yeah, don't know what all the fuss was about, so looking forward to probably another 24c div at over 8% yld. might have to top up more before the heard wakes up

[Muse]

A very robust result - trading must have roared back from 14 dec to end of January! Impressive

[winner69]

A very robust result - trading must have roared back from 14 dec to end of January! Impressive

From -5% to zero in couple months impressive

Print new outfits to go to Taylor's gigs

[Muse]

From -5% to zero in couple months impressive

Print new outfits to go to Taylor's gigs

can't underestimate swifty

none the less a good pick up in aussie retail last month
https://kepleranalytics.com/week-ending-18-02-2024/
https://www.westpaciq.com.au/economi...ker-15-02-2024

likewise good pick up in glassons.com aussie traffic on pcp ( a good leading indicator)

disc: holder